Robo5555
Member
Hmmm, is this what fear looks/sounds like? Then again, add Sentiment to the "out" indicators, and all you're left with is Fred saying that H will be out at the first red close of C. What if that red close would have come this afternoon or tomorrow, but doesn't materialize because the markets are closed, and we come back Thursday morning to a 3% down gap opening and continued selling? Doubtful, but possible. What is the best approach to this awkward situation? The opposite situation I see is that without the recent, typical afternoon sell-off in the USM, the OSMs will soar over the next two evenings and USM will gap open 2% higher. Any other thoughts?
Is not fear....I'm just trying to play this smartly. That's why we are on this board. To try to beat the market. If not I would leave the action on a long term spread and check it every few months.